Posted on 06/08/2021 8:03:53 AM PDT by SeekAndFind
U.S. job openings rose in April to a fresh record high, along with the number of people who voluntarily left their jobs, underscoring fervent labor demand and turnover as businesses emerge from pandemic-related restrictions and the economy strengthens.
The number of available positions climbed to 9.3 million during the month, the highest on data back to 2000, from an upwardly revised 8.3 million in March, the Labor Department’s Job Openings and Labor Turnover Survey, or JOLTS, showed Tuesday. The increase in vacancies was broad.
The number of people who voluntarily left their jobs increased to 4 million in April, while the quits rate rose to a series-high of 2.7%. The figure suggests workers are growing more confident in their ability to find other employment.
While companies are hiring as the economy reopens, child care obligations, lingering health concerns, skills mismatches and enhanced unemployment benefits have kept some Americans from returning to the labor force. The number of vacancies exceeded hires by 3.2 million in April, the biggest gap on record.
Hiring challenges have been so acute in recent months that half of all U.S. states have announced plans to phase out federal unemployment insurance programs early in an effort to encourage people to look for work. Meanwhile, employers have been offering bonuses, raising wages and adding benefits like health insurance to attract workers.
The latest jobs report from the Labor Department showed payrolls increased by 559,000 in May after a 278,000 gain in April, which suggests that hiring efforts started paying off last month. Still, the payrolls figure came in below estimates and leaves the labor market 7.6 million jobs short of pre-pandemic levels.
(Excerpt) Read more at newsmax.com ...
location, location, location
Sweet Home Alabama!
People who voluntarily left their jobs will find out they can’t go back illegals got their job democrats take bow get votes.
Must be Trumps fault.
RE: Must be Trumps fault.
IT IS. But the word “fault” should be replaced with ACHIEVEMENT.
(Also, I refuse to have a failed retirement)
Mine went out too. Repair crew were out twice in past two days, with several different explanations and ‘fixes’ - none of which worked. Getting qualified professionals who have pride in their work is difficult. Makes me sad.
“The figure suggests workers are growing more confident in their ability to find other employment.”
People that need a steady income normally find another job before quitting the one they have. As opposed to people that get a bigger government handout if they don’t work.
Don’t worry the government is importing million of low skilled uneducated people to take these jobs. Then what, keep the welfare permanent?
I’m in central Florida. Red county as can be but although it was cheap at one time, we’ve gotten expensive in areas. One is water. It’s expensive big time. The sun beats down hard so more water is needed. Then we have bug and termites. Even though I have a block house, we still need two termite policies and a annual bug program. They come and spray three times a year to ensure bugs don’t overtake the house. You could have a white glove home and you are not immune. Food is super expensive. A gallon of milk Is close to 4 dollars. Meats are extra expensive. We have HOAs all over. Good luck getting a home without them. Luckily mine is only 120 a month. And the biggest increase has been home insurance. Due to hurricanes and roof replacement, insurance is getting very expensive. Thankfully mine is only 1591 this year, but some neighbors have had them triple and also three companies are pulling out completely. So that will drive up costs even more. So there you have it. Lol.
Hi.
You only left out gasoline.
8^)
5.56mm
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